Heranba Industries, which is an agrochemicals company, finalised the share allotment of the Rs 625 crore public issue on March 2. The company began the public offering on February 23 and closed it on February 25. The IPO has been subscribed 83.29 times at a price band of Rs 626-627 per share. 67.45 times bids were made for the quota for qualified institutional investors and the retail quota received 11.84 times subscription while the HNI quota witnessed 271.15 times subscription.
The allotment status can be checked by the investors who have subscribed for the IPO by visiting the official website of BSE and Bigshare Services, the registrar to the issue.
Know the process to check the allotment status via the Bombay Stock Exchange (BSE) below:
Step 1: Investors are required to visit the official website of BSE by clicking on the link- https://www.bseindia.com/investors/appli_check.aspx.
Step 2: You will then have to select the ‘Equity’ option and then from the dropdown, select issue name – 'Heranba Industries'.
Step 3: You will have to enter your application number and PAN card number next.
Step 4: After completing all the above-mentioned steps click on the "Search" button.
Steps to check the allotment status via the website of the Registrar- Bigshare Services:
Step 1: Investors will have to go to the website by clicking on the link- https://ipo1.bigshareonline.com/IPO_Status.html.
Step 2: From the dropdown select IPO name.
Step 3: Next you will have to enter the application number or DP ID/Client ID or PAN.
Step 4: If you have selected the application number then select application type (ASBA or NON-ASBA) and 'Enter Application Number'. And, in the case of DPID/Client ID you will have to select Depository "NSDL or CDSL" and enter "DP ID/Client ID".
Step 5: At last you will have to enter 'Captcha' and then click on the submit option.
However, it is to be noted that the status will appear only after the details have been entered correctly. Also, in the case of non-allotment, the investors will get the blocked amount refunded to their bank account. By March 4, the shares allotted will get credited to the demat accounts of eligible investors.